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36-Story Office Building
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650 5th Ave, New York, NY 10019

Office building built in 1979 offering approximately 327,570 rentable square feet.

Property Size11,296 SF
Days on Market96

Property Features for 650 5th Ave

General Information

Standard status Active
Size 11,296 SF
Net Rentable 327,570 SF
Property subtype OFFICE
Lease Type SF/yr

Building Details

Year Built 1979
Stories 36
Building Size 327,570 SF
Listing Agency: Cushman & Wakefield | Midtown Manhattan
Listed By: Barry Zeller
Source: Moodyscre
Added: Apr 30 Changed: Jul 29 Last Checked: Aug 2 at 1:46PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Cushman & Wakefield | Midtown Manhattan

Investment Insights

Based on property information with market context.

This office building is a 36-story structure with approximately 327,570 rentable square feet and was built in 1979. The size and multi-floor configuration support a wide range of office occupancies that benefit from an established high-rise footprint.

Located at 650 5th Ave in New York, NY 10019, the property’s central urban setting is aligned with tenants seeking a Manhattan office address and access to surrounding business infrastructure.

For prospective tenants evaluating space in a managed high-rise environment, the building’s established construction date and substantial rentable area are key considerations when planning staffing and operational space needs.

Key Highlights

  • 36‑story office building
  • Approximately 327,570 rentable square feet
  • Built in 1979

Property Analytics

Current Use

dream Bakery Revere Securities LLC Financial Advisor Tredway Construction Company Round Hill Music Media Distribution Rita's News Stand ... Publishing House

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Butcher Adult Day Care Nursing Home Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$12.75 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

74,733
Businesses Nearby

Demographics for 10019, NY

49,029
Population
33,279
Households
1.5
Avg Household Size
38
Median Age
78%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
70,041
Density / Sq Mi
$121,835
Median Household Income
$108,231
Median Earnings
$2,619
Median Rent
$1,066,100
Median Home Value

Market

Lease Benchmarks for New York, NY

$54.13 /SF/Yr
Avg Asking Price
$37–$65 /SF/Yr
Price Range
148,527 SF
Avg Space Size

This space is priced 57% above the average of $54.13 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Office building built in 1979 offering approximately 327,570 rentable square feet.
Where is this office building located?
The property is located at 650 5th Ave New York, NY.
What is the lease rate?
The lease rate is $85 SF/Yr.
What are key features of this property?
This property features: 36‑story office building; Approximately 327,570 rentable square feet; Built in 1979
(212) 841-5913 Call to check price and availability
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